Raser Technologies (RZ) is another development stage company, possibly on the verge of great things in the geothermal space. Despite the beating the stock has taken, I still think the long term picture looks great. The company reported record revenues with a whopping $410,000 in sales (it’s a start!) as the company begins selling power to Anaheim. They beat on EPS posting a loss of .06/share vs the estimate of .10/share
Some highlights of the … Read the rest
Not a real impressive quarter out of FSYS after the bell today, but in this environment all you need to do is beat low expectations, guide in line or higher and the stock is usually off to the races. No exception here. The company beat analyst estimates by .14/share, posting .46/share which is a 15% decrease from the year ago quarter. Revenues were off 6% over the year ago period, but also beat estimates with … Read the rest
Ener1 (HEV) is still a development stage company so earnings aren’t all that important yet, but for those interested in the quarter, they missed Wall St estimates by a bit. The company did report another big gain in revenues quarter over quarter, posting 7.5 million, but is still far off from being profitable. The company posted a loss of .11/share vs analyst estimates of .10/share. What’s more important than all the earnings right now is … Read the rest
Ormat (ORA), the geothermal gorilla, continues to post very strong quarters despite a tough economy. The company beat both EPS and revenues estimates with about 20% quarter over quarter growth on both. EPS came in at .35/share vs the estimate of .28/share on revenues of $100 million vs the estimate of $92.5 million. 115% revenue growth in the Product Segment drove the quarter’s positive results while the Electricity Segment saw a small decline in revenue … Read the rest
About three weeks ago, I passed along a post to you from NotableCalls.com which highlighted the Oppenheimer call for a strong 3rd quarter. Oppenheimer was giving the green light on CSIQ saying to expect a big 3rd quarter. But first things first! How about that 2nd quarter!
The company smashed EPS estimates by swinging to a profit in the quarter of .49/share vs the analyst estimate of a .09/loss. Remind me again why these analysts … Read the rest
Real Goods (RSOL) is surging over 10% in after hours trading after the company announced earnings as well as a large order from Northrop Grumman to install three solar systems on two Navy bases beginning at the end of the year.
The company reported another losing quarter but saw a 44% bump in revenues (mostly due to acquisitions) over the year ago quarter and beat expectations. EPS came in at negative .03/share which compares to … Read the rest
GT Solar (SOLR) reported earnings results after the bell today that were quite good, but missed analyst estimates. The company reported an EPS of .05/share which was 67% higher than the year ago quarter, but shy of the analyst estimate of .06/share. Revenues of $72 million missed the analyst estimate of $86 million, but was also an improvement over the year ago quarter by 26%.
“We saw a number of positive developments in the … Read the rest
Here are the lowlights for the Otter Tail (OTTR) quarter. The company reports an EPS of .07/share, missing estimates by .04/share and under performing from the year ago quarter by 36%. Revenues missed estimates badly as well coming in at $247 million vs the estimates of $304 million and representing a 24% drop from the year ago quarter. To top it off, the company is lowering guidance for 2009 to .70 – 1.10 from .80 … Read the rest
With a development stage company like UQM Technologies (UQM), it’s never about quarterly earnings, it’s ALWAYS about the news. We certainly saw that a couple days ago as the stock rocketed higher on the Coda Motors news. Earnings aren’t all that important at this stage, but I’ll report them anyway. The company posted a narrower loss this quarter of .02/share vs the .04/loss posted a year ago.
“During the first quarter we continued to experience … Read the rest
Wow, what a tremendous quarter once again out of First Solar (FSLR). The company not only smashed analyst estimates of $1.63, but smashed the whisper number of $1.85 by posting an EPS of 2.11, nearly a 150% surge over the year ago quarter. Sales came in at $526 million which doubles the year ago period. More details to come within this post and a summary of the conference call tonight or in the morning.
>>> … Read the rest